Bali G20 Summit

November 14, 2022

The 2022 G20 Bali summit is set to be held on November 15 and 16 this year.

About the summit

The summit in Bali is the 17^th meeting of the Group of Twenty (G20) countries that represent 85 per cent of the global GDP, 75 per cent of the global trade and 66 per cent of the global population. The G20 summit will be held in Nusa Dua, Bali, Indonesia. Indonesia’s presidency commenced on December 1, 2021. It will end during this summit. The theme for the event is ‘Recover Together, Recover Stronger’. As part of the G20 Agenda, 3 working sessions will be organized. They are:

Sustainable energy transition
Global Health Architecture
Digital transformation

With these three sessions, Indonesia aims to pave the way towards equitable access to COVID-19 vaccines, promote sustainable and inclusive economic growth through the participation of micro, small and medium-size enterprises (MSMEs) and digital economy.

Who will be attending the 2022 G20 Summit?

The G20 summit will be attended by leaders of Argentina, Australia, Canada, China, the European Union, France, Germany, India, Italy, Japan, Saudi Arabia, South Africa, South Korea, Turkey and the U.K. and the US. Russian President Vladmir Putin, and leaders of Brazil and Mexico will not be taking part in this event. Ukrainian President Volodymyr Zelensky was invited to address the summit virtually.

Why is this summit important for India?

The 2022 summit is especially important for India since it will be taking over the G20 presidency from Indonesia from December 1, 2022. It will host the next summit on September 2023. Prime Minister Modi had earlier released the logo and website for the 2023 summit. The theme for the G20 summit that is set to be hosted by India is “Vasudhaiva Kutumbakam” or “One Earth, One Family, One Future”. The theme seeks to position India as a driving force of global unity, emphasising on the challenges as the country seeks to balance between competing global powers.

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